HomeMy WebLinkAbout1749 a~RECT HOME IMPROVEMENT MORTGAGE ~S1~1t~ ~
?vITH FUTURE ADVANCE
HIS M RT A E, jnacle th s 9th ~y JU_~_____ , A.D.. 19 . Getween
~usse~ll ~~hriver Joanna E Driver, his wife ,Mo„9a~,~ a,~
un o . c e un~j? ~Mo~~ ~
~ ~ I Name of Sun Bank J
WITNESSETH, tha~ Mo~cgayor, for a~d ~n cons~derat~on of the prem~ses ancl ~n o~der to sewre the paymem of the prmc~pal arxf ~
~merest on the note las here~nalter del~ntdl. Mo~tgayor he~eby grants, ass~gns t:ansirrs a~d mo~:gages to hlortgagee, ~ts successors and
ass~gns foreve~, ~he follow~ng deur~ed ~eai propc~tv ~n - St. ~lCl@ County, Florda, to w~r.
: 1':" i'•~ Lot 17, Block 544, PORT ST. Li1CIE, SECTION EIGFITE~TV, ,
according to the Plat thereof as recorded in Plat Book
~ 13, Page 17 of the Public Records of St. Lucie County,
: ,::i.,mio~ Florida. _
o ~
~;C~ SUBJECf TO hqRTC~AGE in the amount of ~48,000.00 to CITIZENS FEDERAL ;
.i~3A SAVINGS AND LOAN A.S.SOCIATION OF ST. LiJCIE OOilM1Y, dated July 22, 1978
{~Zm filed July 29, 1978 in O.R. Book 271, Page 2148 of the Public RF.OORD6
~ m-' of St. Lucie Count , Florida which rantees assume and a ree to a
T~~ Y ~ g 8 P Y•
, _ ~ ~ ~ i
SIIBJECT 'Ii0 restrictions reservations limitations and easements of
? i..~.. . ,
j this reference to said restrictions shall not o rate
~y, i.; z n~ record, if any, Pe
'~,r i to reimpose the same.
~ ~rr , Zoning ordinances affecting said property.
~r~~` RECEIYED = ~ IN PAriEVT Of TAX~S
~ . i~ ~GF OH CIASS 'C' {HT~M6;8LE PER~LtL4l FFG: E- i!,
, ~ PU~SUT.MT TO iH~PTER 71•13~, RCiS OF 1911.
~ 1, ~
' ~Ti -1 F~aFA PGITRAS
O . CLEIiK p2CY? CODAT, ST, WGE q. fLA. ~Q
(here~nafter referred to as the Mortgage.d Propertyl; and the Mortgagor does hereby fully warrant the t~tle to the MortgagcYi Property
and w~il defend the same aga~nst the lawiul cla~ms of all persons whomsoever.
PROVIDED ALWAYS, that ~f ~ssell F. Joanna E Driver ~he Makerlsl of that
(Insert Namelsll
certain promissory note dated che date hereof (the Note), their he,rs, legal representat~ves or ass~gns shall pay to Martgagee
the pnnupat sum of ~ S, 111 . n2 as ev,denced by the Note, with m~erest a~d upon the terms as prov~ded there~n, the final
matur~ty date of the Note and oi this Mortgage be~ng July 9 , 1g 84 , which Note prov~des that
alt mstallments o( prmc~pal and mterest are payable at the office of Mortgagee, or at wch other plxe as the holdef may des~gnate in
wr~ung, and that ~ch maker and endorser agree to pay all costs of collection, includ~ng a reasonable attorney's tee, upon detault ~n the
payment of the Note, and that if default be made ~n the payment of any installment thereunder and that ~t such defau~t ~z not made
good in accordanc° wrth the terms oi the Note, that the ent~re pnnupal wm and accrued, earned mterest shall become due and payable
w~thout not~ce at the option of the hotder thereof; and shall perform and comply with each and every st~pulatan; agreement and cov-
enant of the Note and oi this Mort~age, then th~s Mortgage ard the estate hereby created shaU be voKf, otherw~se ihe same sha~l +emam
m full (orce. Maker covenants to pay the mterest and pnnupal p~ompdy when due. Mortgagor covenants to pay the [axes and assess-
ments on said property; to carry msurance against i~re on the bu~Wing on sa~d lancf for ~ot less than $ T~/a apprpved
by the Mortgagee, wuh sta~dard ma.tgage loss dause payable to Mortgagee, the pol~cy to be held by the Mortgagee and to keep the
bu~ld~ng on sa~d la~d ~n prope~ repa~r.
~ Th~s Mortgage sha11 secure not only exist~ng indebtedness, but alyo wcA future advances, whether such aclva~ces a.e obi~gatory or
to be made at the opt~o~ o~ Mortgagee, or otherw~se, as are made w~thm twenty (20) years from the date hereol, to the same exte~t as
I ~ ~f such ~future advances we~e made o~ the date ot the execuUOn oi this Mortgage, but such secu~ed indebtedness shall not exceecf at any
f C" time the max~mum onnc~pai art:ount of S n~a p~us mterezt, and any d~sbursements made for the payment
~ of taxes, lev~es, or insurance, on the Mortgaged PropertY. wrth mterest on wch disbursements. Any such tuture advances, whether
oblgatory or to be made at the opt~on of the Mortga9ee, or othe~w~se, may be made e~ther pr~or to or after the due date of the Note or
- `~J any other notes secured by th~s Mortgage. Th~s Mortgage ~s 9rven tor the zpec~i~c purpose of secunng any and ali ~ndebteclness by the
~ ~ Maker to hlortgagee (lwt m no eveM shall the secured ~ndebtedness exceed at any t~me the maz~mum pnnc~pal amount set torth m th~z
" paragraph! m whatever manner thls ~nciebtedness may be ev~denced or represenied, unt~l th~s Mortgag? ~s sahsf~ed of record. All cove-
- ' nants and ag~eements conta~ned ~n thn Mortgage sha~I be appl~cable to aU further advances made by MortgaqPe to Maker urxler th~s
future advance clause.
~ '
G' Should anY ot the :ibove covenants be broken then the Note and all moneys securo_d hereby sha11, w~thout demand, ~f the
; hlortgagee, so etect, at once become due arxl payable and th~s mortga~e may be foreclosed, ancl all costs and exprnses of co~tect~on and
G~ reasonable attorneys' fees, ~nclud~ng costs, expenses and ~easonable attorneys' ~ees on appeal, ~f co~iected by teqal p.oceeri~nqs or
th.ough an attorney at law, shall be pa~d by the Mak?r, and the same are hereby securecf.
-
- '
IN Wf ESS WH EOF, the Mortgagor has executed th~s ARortgaga as of the date hrst above ser to•;h.
- Sgned. a dei red
~n our nce: 1 ,
6 - ./R~ I~ ~ J' W I~1~~ IL/'vt~.~'C_n ~SEAU
' Ru 11 F. ~~~~t~~~~ - iver
~ ' ~ p~;~•Uf!.f:tFtur~kJ
~T.ll~'C!f C.','.:.VTY.FL1t- _ 12.~C-aG :i14~.c-~~,~_-- ISEA~1
.¢a
~ ~ ~ r aT1T18 F ~T1V'~]'rrqa~orl
~ j c~~ F.r, ~
;
} j STATE OF Florida 't ~2 ' ` ~
~ COUNTY OF st Lucie ? 451313
3
~ 1 NE~2EBY CERTIFY, that on th~s daY. before me, an otf~cer duly ~u~hor~recl ~n rne Srate afore;a~d anA :n the Coumy aforesa~d
~ t0 take acknowfodgments, personal7y appPared Russell F f, Joanna E Drive~ me know~ so be the person descr~bed
~r1 and who executed the forego~ng ~nstrume~t ancf they ac~~owledged b for~{ne fhat they Pxecuted the same.
s~ Julv
~
~ WITNESS my hand and o(hc~al seai ~n ~he Cou~ty and State ?oresa~d th~s dav of ,
A:O.. 19 . ~
~
~ Norary bn
i M}~C m~ Qn Exp ~res ~,V ^~A ~
~ ~piAlY r~IC SfAiE ~10~ Ai tA~ j )
~ a~b074-000-7 Rev. S/~7 MY COMMISSIpi EAI~ OCT. 10 H~2 ~~I`~1~ ~J ~acE 7~7p.~
~ Or ~ us. Mo~w~~
~
_ _ _ _ _ _
.~n=., , _ :r: . . ~ a